Mathematics, 07.01.2021 20:20 kuadirkennedy
Mr. Silverstone invested some money in 3 different investment products. The investment was as follows:
a. The interest rate of the annuity was 4%.
b. The interest rate of the annuity was 6%.
c. The interest rate of the bond was 5%.
d. The interest earned from all three investments together was $950.
Which linear equation shows interest earned from each investment if the total was $950?
a.) a + b + c = 950
b.) 0.04a + 0.06b + 0.05c = 9.50
c.) 0.04a + 0.06b + 0.05c = 950
d.) 4a + 6b + 5c = 950
Answers: 2
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